Chesswood Group Sells Interest in Vault Credit and Vault Home Credit

Chesswood Group has sold all of its interests in Vault Credit and Vault Home Credit, representing the entirety of Chesswood’s Canadian equipment leasing and consumer financing business segment, to an affiliate of HB Leaseco. read more

AUG 13, 2024 - 6:24 am

HB Lease Sells Technology Division to QuickBucks

HB Lease has sold a controlling interest in its technology platform that facilitates CRM, administration and billing services for originators and vendors to QuickBucks. read more

JUL 8, 2024 - 6:27 am

Chesswood Reports Increases in Equipment Finance Segment Revenue for 2021

Chesswood Group reported that its U.S equipment finance segment increased interest revenue on leases and loans by $2.7 million in 2021 compared with 2020. In addition, its Canadian equipment financing segment generated a year-over-year increase in revenue of $17.6 million. read more

MAR 10, 2022 - 6:50 am

Chesswood’s U.S. Equipment Finance Businesses Increase Interest Revenue in Q3/21

Chesswood Group’s U.S. equipment finance segment (Pawnee Leasing and Tandem Finance) reported interest revenue on leases and loans of $24.3 million and ancillary and other income of $3.1 million, a total increase of $3.6 million period over period. read more

NOV 8, 2021 - 6:24 am